The Unemployment Rate Is High in the City in Which

question 179

Multiple Choice

The unemployment rate is high in the city in which a company has a factory. The company finds that they are able to pay new employees a lower wage per hour than when the unemployment rate was lower a year ago. Which variance would be directly impacted?

• A)Materials price variance
• B)Materials quantity variance
• C)Labor efficiency variance
• D)Labor rate variance

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Definitions:

Hearing

A formal proceeding before a court or other decision-making body where evidence and arguments are presented.

Procedural Due Process

A legal principle requiring that the government follow fair procedures before depriving a person of life, liberty, or property.

Substantive Due Process

A principle allowing courts to protect certain fundamental rights from government interference, even if procedural protections are upheld.

Police Power

The inherent authority of a government to impose restrictions on private rights for the sake of public welfare, order, and security.